banner_ad

Partnership firm

This query is : Resolved 

10 January 2008 how to substantiate the status of a Foreign organisation as partnership when the company is LLC and the income tax returns of the same are not available as it got dissolveld.
please help this is to substantiate the incometax department for non deduction of TDS.


10 January 2008 Your question is not clear:

You are saying the foreign organisation as partnership and immediately using the word company. Which is correct?

What got dissolved?

Incometax returns are not available where?

10 January 2008 sorry,

it is a foreign organisation which has the status of LLC. so the Dept questions on the status. but when entered into transaction it was in the status of Partneship firm. this hapnd sometime in 1997 based on that we decided not to deduct TDS. but after sometime the same organisation got dissolved and formed a company. so we thought of proving the same by way of showing the tax returns of the US firm. but the records are not available as they need to maintain the same only for 7yrs..

think now i am clear.

pls help

03 October 2008 Why are you saying that you are not liable to deduct tax on a foreign
resident not being a company? Section 195 is for all foreign entities.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details